Tuscaloosa Maturing Gracefully

摘要

You ain't seen nuthin 'til you've seen the Tuscaloosa. Sound familiar? If so, it's because this was probably the most popular talk making the rounds of the professional meeting circuit in the late 1970s. The deep expensive wells coming on stream in rapid succession in south-central Louisiana's Tuscaloosa Trend were gas condensate behemoths - suitable symbols of those heady times in the industry. Fortunes were made. Then, seemingly without warning, fortunes were lost when those folks who had bet everything but their children on the play got caught in the downdraft of plunging oil and gas prices that triggered the infamous 1980s oil industry depression.